China-focused BAI Capital raises $333.5m so far for latest PE fund

China-focused BAI Capital raises $333.5m so far for latest PE fund

A clerk counts Chinese yuan and U.S. dollar banknotes at a branch of Bank of China in Taiyuan

BAI Capital, formerly Bertelsmann Asia Investments, a China-focused fund manager, has raised $333.5 million so far for its latest private equity (PE) fund, its filing with the US Securities and Exchange Commission (SEC) showed.